In the 3rd decade of the 21st century, global business has largely been defined by digital transformation, but amid the recent deluge of automation and AI-driven tech, especially, the transformation imperative has taken on greater urgency. For fear of missing out on the next big thing and losing ground to competitors, many companies have applied an “adopt first, ask questions later” approach, seeking to implement new software tech at virtually every opportunity. 

This has given rise to one of the biggest operational challenges facing enterprises today “SaaS Sprawl”. In fact, research indicates that as much as 48% of enterprise apps go unmanaged, meaning that things like usage, licenses, renewals, and compliance aren’t properly monitored. Aside from the elevated risk from third-party threats, something I discussed in a recent piece, this sprawl comes with considerable cost in the form of revenue leakage. It seems enterprises have reached a critical inflection point in their digital transformation journeys; however, attitudes have begun to shift.

With operating costs consistently rising, stakeholders are becoming more concerned about revenue leakage. Those tasked with overseeing digital transformations – CIOs, CISOs, and CTOs – are being asked to justify their choices with a clear value proposition for the tools they implement. The narrative around digital transformation has shifted, with sustainability becoming integral to how enterprises think about it. 

Rather than getting carried away with thoughts of what a new tool can do, smart companies are asking, “What tangible value will this tool yield, and is it........

© The Times of Israel (Blogs)